Record Details

Mixed Macroeconomic Performance of Nepal

Socio-Economic Development Panorama

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Field Value
 
Title Mixed Macroeconomic Performance of Nepal
 
Creator Basyal, Tula Raj; Ministry of Finance
 
Subject Economics
Macroeconomic performance; Resource mobilizations; External economic; Finance; Monetary; Price situation
 
Description Nepal continues to remain an Least Developed Country (LDC) with a per capita income of around US $ 300. The structure of the economy is fragile, the economic environment is not favorable, the performance of the economy is weak and the development indicators of the country are unfavorable. The economic problems and development challenges have remained as daunting as have been the efforts and measures required to mitigate them. The economy has mainly been characterized by a period of political transition and uncertain economic environment on account of the predominance of the non-economic factors in the economy. While the important sectors of the economy experienced slowdowns, imbalances, and even uncertainties, no clear symptoms so far appear to indicate the emergence of economic revival. Supply factors and constraints in supply management at times threatened the goal of price stability. Though there was sluggish output growth and higher inflation that portrayed symptoms of stagflation, the macroeconomic stability was not under threat even in such a difficult period, especially because of the prudence in fiscal management and the overall surplus situation in the external account. Socio-Economic Development Panorama, Vol. 1. No. 2(2007) pp. 29-34
 
Publisher HARD-NEPAL and Pro-Con
 
Contributor
 
Date 2008-06-14
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article

 
Format application/pdf
 
Identifier http://www.nepjol.info/index.php/sedp/article/view/1045
 
Source Socio-Economic Development Panorama; Vol 1, No 2 (2007); 29-34
1999-3536
 
Language eng
 
Relation http://www.nepjol.info/index.php/sedp/article/view/1045/1061
 
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